Health Care Is Impact Investors' Top Cause: Survey
An American Century Investments survey examines millennials’ opinions on impact investing.
How One Advisor Uses Social Media to Land VIP Clients
Winnie Sun, managing director at The Sun Group, has used social media to expand her clientele to include top celebrities, athletes and Hollywood executives.
New York Life to Pay $3M in 401(k) Suit
The lawsuit claims New York Life kept the MainStay S&P 500 Fund in the 401(k) plan when a less expensive alternative investment was available.
Retirement Is ‘Life’s Most Expensive Purchase’
The average cost of retirement is 2.5 times that of the average house and 9 times more than the average cost of a college education.
Citi Faces 3 FINRA Fines: Enforcement
In another enforcement action, a purported real estate investment manager settled SEC fraud charges.
Lincoln Financial, AIG Launch Fee-Based Annuities: Top Portfolio Products
In other product news, Tortoise, IndexIQ and First Trust launch new ETFs.
Advisors Expect Politics to Drive Volatility in 2017: Atomix Survey
Despite volatility concerns, 56% of advisors surveyed are feeling bullish about the year ahead.
Could Private Equity Solve DC Plans’ Underperformance?
Defined contribution plans underperform defined benefit plans, which have utilized private equity for years, by 80 basis points annually.
Gabelli Launches Food of All Nations Fund: Top Portfolio Products
In other product news, DoubleLine launches the DoubleLine Shiller Enhanced International CAPE Fund.
Low Volatility Could Mean ‘More Extreme’ Stock Pullback: Schwab’s Aguilar
"The market has run up too quickly, too fast," and investors need to start seeing evidence of real growth, Schwab equity CIO Omar Aguilar says.